Esfandair Enterprises is considering a new 3 year expansion project that requires an initial foxed asset investment of $2.38 million. The fixed asset will be depreciated straight-line to zero over its 3 year tax life, after which time it will be worthless. The project is estimated to generate $1,805,000 in annual sales, with costs of $715,000. The tax rate is 24 percent and the required return is 12 percent. What is the project's NPV? (Do not round intermediote calculations ond enter your onswer in dollors, not millions of dollars, rounded to 2 decimal places, e.9., 1,234,567.89.)